Oklahoma Leaders Reach Deal on Education Funding Plan, Including Teacher Pay Raises
KOKH - May 17, 2023 12:48 pm
OKLAHOMA CITY (KOKH) — State leaders have reached a deal on an education funding plan that includes the largest investment in teacher pay raises, rural schools, and funding for all Oklahoma kids in state history.
Once signed into law, state leaders say the investment will increase teacher pay, put more money into the classroom, fund school safety measures, and more.
According to Rep. Rhonda Baker, R-Yukon, “Even though we did have different… ideas in the beginning, we did collaborate and come together as colleagues and as friends with one goal in mind. And that goal was to help children.”
The plan was hashed out over the course of the 2023 legislative session and includes:
- $625 million recurring total investment into public education.
- $500 million directly into the education funding formula. This funding includes six weeks paid maternity leave.
- Teacher pay raises of: $3,000 for teachers with 0 to 4 years of experience, $4,000 for teachers with 5 to 9 years of experience, $5,000 for teachers with 10 to 15 years of experience, and $6,000 for teachers with 15 or more years of experience.
- An additional $10 million into a three-year literacy program to employ a literacy instructional team to support school districts.
- $125 million to the Redbud Fund that largely benefits rural schools that don’t have the same ad valorem tax collection as others.
- An additional $150 million into a three-year pilot program for school safety and security. This will provide every district with a school resource officer, or security upgrades depending on needs. For each year of the program, each public school district in the state will receive approximately $96,000.
- 6 weeks of paid maternity leave